Tag Archives: Money management

How to Fill Out a Deposit Slip

If you still walk into a bank branch to deposit cash or checks, you’ll probably run into that small but mighty piece of paper: the deposit slip. If you’re used to mobile banking, a paper deposit slip can feel a little old-school. But they’re still a staple at many banks and credit unions, and knowing how to fill one out correctly keeps your money moving smoothly and your records clean.

Here’s a simple, step-by-step guide to filling out a deposit slip, plus a few tips to avoid common mistakes.

💡 Pro tip: If you like staying organized, keeping a stack of deposit slips on hand makes trips to the bank faster and easier.

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How has the Holiday Shopping Season Affected Thanksgiving Traditions?

Thanksgiving has long been a cherished time for family, gratitude, and reflection before the rush of December festivities. However, in recent years, the holiday shopping season has crept earlier and earlier, reshaping how many Americans celebrate Thanksgiving Day itself. Between early Black Friday deals, online flash sales, and financial planning for holiday spending, traditions that once revolved around food and family are now sharing space with shopping carts and checkout screens. The traditional spirit of the holiday is evolving.

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Can You Cash a Deceased Person’s Check?

Losing a loved one comes with many responsibilities, and handling their financial matters can be one of the most confusing. A common question that arises is: Can you cash a deceased person’s check?

The short answer is no, you cannot legally cash or deposit a check written to someone who has passed away. Whether it’s a tax refund, pension payment, or personal check, understanding the rules around cashing or depositing it is crucial. However, there are proper legal steps you can take to ensure those funds are distributed correctly.

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Checks vs Credit Cards: Which is Better & Why?

In today’s fast-paced world, the way we pay for goods and services has evolved. Credit cards dominate the checkout line, while paper checks may seem like an old-fashioned option. However, both methods of payment have their own advantages, and the best choice often depends on the situation, your spending habits, and your financial goals. Let’s break down the pros and cons of checks versus credit cards, so you can make informed choices about your money.

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How to Make Plans for Your Tax Refund in 2025

Federal tax returns aren’t due until April 15th. However, you can start making a plan for your 2025 tax refund today, even if you have yet to file your return. 

You might be excited about getting some cash back; however, it’s easy to blow through the funds quickly if you don’t have a plan in place. Below, we’ll walk you through this process to help you make better choices once the money gets into your hands.

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New Year, New You: Developing Financial Literacy in 2025

Nearly 9 out of 10 Americans have some type of financial goal for the new year, according to Bankrate. If you’re one of these money-minded individuals, you might be focused on paying down debts, improving your spending habits, or boosting your credit. Whatever your financial goals are for 2025, becoming well-versed and educated on the topic of personal finance is a must in today’s environment. 

Fortunately, there are more outlets than ever to make studying the topic easy (and even enjoyable).

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Creating a Holiday Spending Plan: Balancing Gifts, Travel, and Festivities

Before you know it, the holiday season will be in full swing. From gift-giving to festive gatherings and long-anticipated travel plans, there’s plenty to look forward to this time of year. However, it’s easy to get lost in the excitement and let costs spiral without realizing it. 

According to PwC’s 2024 Holiday Outlook survey, overall holiday spending is expected to increase by 7% from last year, ringing in at a total of $1,638 per shopper on average. 

Whether you anticipate spending more or less than this amount, creating a holiday spending plan can help you stay on budget and avoid overspending. This way, you’re ready for every occasion and don’t have to miss out on any precious holiday moments. 

Below, we’ll walk through some simple steps to creating a solid holiday spending plan. 

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Checks in Estate Planning and Trust Funds

According to LegalZoom, over half of Americans, or 56%, think estate planning is important for end-of-life planning. So, even though this process can feel overwhelming, taking thoughtful steps now can ease the burden for your loved ones later on. 

One way to make the process more straightforward is to organize your financial matters. This includes setting up clear methods for disbursing funds, like using paper checks. By being proactive with these details, you not only make the process easier but also give your family peace of mind, knowing that everything is in order. 

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How to Manage Finances in your 20s

In your 20s, you may be juggling jobs, education, and relationships, but it’s wise to make sure your financial health is also being cared for. By starting with smart choices now, you can boost your comfort and success in your 30s and beyond. 

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